GPS Wealth Strategies Group LLC Sells 15,832 Shares of Arista Networks, Inc. $ANET

GPS Wealth Strategies Group LLC lessened its stake in Arista Networks, Inc. (NYSE:ANET) by 66.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 8,047 shares of the technology company’s stock after selling 15,832 shares during the period. Arista Networks comprises about 0.9% of GPS Wealth Strategies Group LLC’s holdings, making the stock its 26th biggest position. GPS Wealth Strategies Group LLC’s holdings in Arista Networks were worth $1,054,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Brighton Jones LLC lifted its stake in Arista Networks by 321.7% during the fourth quarter. Brighton Jones LLC now owns 7,806 shares of the technology company’s stock worth $863,000 after purchasing an additional 5,955 shares during the period. Revolve Wealth Partners LLC bought a new position in Arista Networks during the fourth quarter worth about $202,000. Bison Wealth LLC bought a new position in Arista Networks during the fourth quarter worth about $251,000. Sivia Capital Partners LLC lifted its stake in Arista Networks by 48.4% during the second quarter. Sivia Capital Partners LLC now owns 10,723 shares of the technology company’s stock worth $1,097,000 after purchasing an additional 3,496 shares during the period. Finally, Gamco Investors INC. ET AL lifted its stake in Arista Networks by 31.3% during the second quarter. Gamco Investors INC. ET AL now owns 4,193 shares of the technology company’s stock worth $429,000 after purchasing an additional 1,000 shares during the period. Institutional investors own 82.47% of the company’s stock.

Arista Networks News Summary

Here are the key news stories impacting Arista Networks this week:

• Positive Sentiment: Arista was highlighted for strong cash flow growth, with operating cash flow reaching $1.69 billion in Q1 2026, reinforcing confidence in the durability of its AI and cloud networking demand. Article Title
• Positive Sentiment: The company was named a Leader in Gartner’s 2026 Magic Quadrant for enterprise wired and wireless LAN, and it unveiled new campus networking hardware plus an upgraded AIOps platform, broadening its growth opportunity beyond data centers. Article Title
• Positive Sentiment: Arista continues to be featured by analysts and market commentary as a key “pick-and-shovel” AI stock and one of the cloud-computing names benefiting from hyperscaler AI buildouts. Article Title
• Neutral Sentiment: Several articles repeated that Arista has strong profitability and upside potential, but these were largely recap-style mentions rather than new fundamental catalysts. Article Title
• Negative Sentiment: One recent headline focused on “margin anxiety” around the stock, suggesting some investors still worry about profitability pressure even amid strong growth. Article Title

Insider Activity

In other news, insider Kenneth Duda sold 32,000 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $140.08, for a total value of $4,482,560.00. Following the sale, the insider directly owned 12,976 shares of the company’s stock, valued at approximately $1,817,678.08. This represents a 71.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $175.40, for a total transaction of $1,403,200.00. Following the completion of the transaction, the director owned 208,333 shares in the company, valued at approximately $36,541,608.20. This trade represents a 3.70% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,503,700 shares of company stock valued at $246,710,022 in the last 90 days. 2.70% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Evercore restated an “outperform” rating and set a $200.00 price target on shares of Arista Networks in a research note on Friday, February 13th. Weiss Ratings upgraded shares of Arista Networks from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, May 15th. Barclays reaffirmed an “overweight” rating and set a $195.00 target price (up from $184.00) on shares of Arista Networks in a report on Thursday, May 7th. Needham & Company LLC reaffirmed a “buy” rating and set a $185.00 target price on shares of Arista Networks in a report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Arista Networks from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, April 16th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $181.84.

Arista Networks Price Performance

Shares of NYSE:ANET opened at $153.92 on Friday. The company’s 50-day moving average price is $145.35 and its two-hundred day moving average price is $137.18. Arista Networks, Inc. has a one year low of $83.86 and a one year high of $179.80. The stock has a market capitalization of $193.82 billion, a PE ratio of 52.71, a price-to-earnings-growth ratio of 2.28 and a beta of 1.67.

Arista Networks (NYSE:ANET) last issued its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. The company had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. Arista Networks’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. On average, analysts anticipate that Arista Networks, Inc. will post 3.28 earnings per share for the current fiscal year.

Arista Networks Profile

Arista Networks, Inc is a technology company that designs and sells cloud networking solutions for large-scale data centers and enterprise environments. The company is best known for its high-performance switching and routing platforms, which are used to build scalable, low-latency networks for cloud service providers, internet companies, financial services, telecommunications, and enterprise IT. Arista’s offerings emphasize programmability, automation and telemetry to support modern, software-driven network architectures.

Central to Arista’s product portfolio is its Extensible Operating System (EOS), a modular network operating system that provides consistent programmability, stateful control and advanced visibility across the company’s hardware platforms.